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 Replies: 50 / Views: 4,149 |
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Bedrock of the Community
United States
11917 Posts |
Quote:
You could call it the unique "Turd Over Rays" variety and mark it up 3x for its extreme rarity. Marketing! The turd I am referring to being the CAC sticker. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Pillar of the Community
 United States
5686 Posts |
This is a PCGS holder from 1989, but the surprising thing is the CAC sticker, which means it must have looked good for 20 years before developing ugly toning and stains after 2007.
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Bedrock of the Community
United States
11917 Posts |
Was CAC around in 2007?
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Pillar of the Community
United States
5192 Posts |
I am sure you can buy a CAC sticker from ebay and slap it on a slab. |
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Pillar of the Community
United States
4680 Posts |
A bit surprised, I assumed I was a bit conservative at PR64, but anything over a 65 seems high, let alone a CAC. Pretty obvious the ED happened post slabbing. I'm also wondering how you wound up with this, uhhh, interesting example  |
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Pillar of the Community
 United States
1048 Posts |
It does appear on the CAC register.
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Pillar of the Community
United States
7646 Posts |
66 did not surprise me at all . that's why I picked it! My guess it was a victim of Katrina.
The coin needs to come out of that holder and head to conservation. Time is your enemy in a situation like this and time is not on your side.
P66 and a CAC sticker means diddly squat on this coin. If you bought the coin at PF60 money you should be fine. Getting it conserved and back into a holder at 63 would be a win . for the coin and for you!
One thing I can guarantee is the coin is suffering a slow death in its current home.
Good luck with whatever you decide to do with it! Thanks for sharing!
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
1048 Posts |
Western has it mostly right. The coin was apparently involved in a fire. I probably overpaid for it at $210.
I haven't decided yet whether to send to PCGS or NGC. I'd say it is hit or miss that it's salvageable.
Edited by pristine2
12/03/2021 6:46 pm
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Pillar of the Community
United States
3848 Posts |
I would say you didn't overpay for this coin, but there is a lot of risk for not much profit. You have the potential for making money, if the conservation is good and it straight grades. If the coin ends up getting a details grade, you may break even. Very cool pickup, and thanks for sharing!
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Pillar of the Community
United States
9796 Posts |
I called it! Did the spotting on the coin grow after you got it?
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
1048 Posts |
I've only had the coin for a few days ...
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Pillar of the Community
United States
7293 Posts |
I purchased an NGC coin that had ED, I couldn't tell via the pictures and as I wanted to check whether NGC honors there guarantee I submitted it to NGC for a grade review and they ended up "conserved" it for the the grade review cost, I think this is a good candidate to check out the PCGS guarantee. Just saying.
Edited by hfjacinto
12/03/2021 9:50 pm
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Moderator
 United States
190135 Posts |
Interesting.  |
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Bedrock of the Community
United States
11917 Posts |
After conservation, doesn't the coin end up in a conserved holder, i.e. the NCS holder in the case of NGC? That would make the coin less valuable for resale imo. I think what most people/dealers would do is try to determine whether the ugly is on the surface or whether it has penetrated the surface. If surface deep, then a dip in a chemical bath done very carefully should restore the coin from the unsightly stains. Then resubmit and hope that you didn't ruin the coin in a way that an expert grader at the TPG would notice. If it has eaten through the metal you will probably have to find that elusive buyer who loves this particular toning scheme due to some huge trauma they experienced early on in their life. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
12/03/2021 11:20 pm
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Posted 12/03/2021 4:47 pm
